The visualization tool in Key Account Management can be customized according to specific needs by selecting the Key Performance Indicators (KPIs) that need to be tracked. This allows Key Account Managers (KAMs) to assess their overall success. The tool can cover various aspects such as the total account overview, change over time, onboarding status, and an endangerment column to alert account managers of accounts with low engagement and a high risk of cancellation. For instance, in the provided example, Monthly Recurring Revenue (MRR) is listed across three plans, while the premium service represents the upsell opportunity. However, these parameters can be customized according to the specific needs of the business.

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The premium service represents the upsell opportunity in Key Account Management by offering additional features or benefits that are not included in the basic or standard plans. This can be an effective strategy to increase the Monthly Recurring Revenue (MRR) from existing key accounts. By offering a premium service, companies can encourage their key accounts to upgrade their plans, thereby increasing the revenue generated from these accounts.

The endangerment column in the context of Key Account Management is a tool used to alert account managers about accounts that are at high risk. These accounts typically have low engagement and are at a high risk of cancellation. This column is crucial as it helps account managers to identify and focus on these accounts, and take necessary actions to improve engagement and prevent cancellation.

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Key Account Management

Need to better retain your biggest customers and maximize their values? Use our Key Account Manageme...

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